 Investment Expenditure, Unrealised Expectations and Offsetting Monetary PoliciesChapter 15 in 50 Years a Keynesian and Other Essays, 2001, pp 197-205 from Palgrave Macmillan Abstract: Abstract I first met Hy Minsky at the 1979 AEA Meeting in Atlanta, Georgia, the first (and only) time I have been to the Meetings. The highlights for me (apart from meeting Hy, of course) were Bob Solow’s courageous Presidential Address (Solow, 1980), which caused outrage amongst the new classical macroeconomists and their clones; Tibor Scitovsky’s Ely Lecture (Scitovsky, 1980); the receipt by Joe Stiglitz of the J. B. Clark Medal; the session on post-Keynesian economics at which Jim Crotty, Lorie Tarshis and Janet Yellen were the principal speakers (I commented on Janet’s paper, so recording another first and only, a paper in the American Economic Review, albeit the May 1980 Supplement); and meeting over two of the largest chocolate sundaes I have ever seen, Carol Heim and Rhona Wilensky, who were then two of the best and brightest graduate students at Yale, exhausted after n interviews on the slave market which accompanies the Meetings. Keywords: Central Bank; Unrealised Expectation; Plan Investment; Investment Expenditure; Real Business Cycle (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52331-9_15 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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